D&O case study: eight days to expiry of policy extension...help!
We were approached by a data company whose Directors' & Officers' Liability insurer were not offering renewal as they had exited this class of insurance. They had provided a 28 day extension of cover as the data company could not find an alternative solution before the renewal date. There were only eight days of this extension left and their existing broker could still not find an insurance solution.
They approached Protean Risk and we were able to work with them to strengthen the broking presentation, leading to a successful outcome and securing the cover they required.